Buffett: Apple's repurchase brings considerable benefits, and bitcoin does not produce value
May 8th, 2022

Meanwhile, Buffett said that Berkshire continued to buy Blizzard shares after Microsoft officially announced its acquisition of blizzard. As of yesterday, Berkshire owned 9.5% of Blizzard shares and would submit a report if it reached 10%.

In addition, Buffett also attacked cryptocurrency again. He said that bitcoin will not produce value, and its price only depends on how much the next person who buys it is willing to pay. Cryptocurrency may now have magical appeal due to speculation, but it has no production capacity.

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